Aberdeen Group plc Has $14.26 Million Holdings in Carnival Corporation $CCL

Aberdeen Group plc raised its holdings in shares of Carnival Corporation (NYSE:CCL) by 20.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 506,947 shares of the company’s stock after buying an additional 84,780 shares during the quarter. Aberdeen Group plc’s holdings in Carnival were worth $14,255,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC raised its stake in shares of Carnival by 14.5% in the first quarter. GAMMA Investing LLC now owns 23,757 shares of the company’s stock valued at $464,000 after purchasing an additional 3,005 shares in the last quarter. Fifth Third Bancorp boosted its stake in Carnival by 1.6% during the first quarter. Fifth Third Bancorp now owns 55,492 shares of the company’s stock worth $1,084,000 after buying an additional 868 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Carnival by 12.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 151,216 shares of the company’s stock worth $2,953,000 after buying an additional 16,391 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Carnival by 50.1% during the first quarter. Janney Montgomery Scott LLC now owns 554,218 shares of the company’s stock worth $10,824,000 after buying an additional 184,949 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in Carnival during the first quarter worth $117,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Carnival Stock Performance

Shares of NYSE:CCL opened at $28.94 on Wednesday. The business’s fifty day moving average price is $30.27 and its two-hundred day moving average price is $25.88. Carnival Corporation has a fifty-two week low of $15.07 and a fifty-two week high of $32.80. The stock has a market capitalization of $33.79 billion, a price-to-earnings ratio of 15.07, a price-to-earnings-growth ratio of 0.59 and a beta of 2.68. The company has a debt-to-equity ratio of 2.10, a current ratio of 0.34 and a quick ratio of 0.30.

Carnival (NYSE:CCL) last announced its quarterly earnings results on Monday, September 29th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.11. The firm had revenue of $8.15 billion for the quarter, compared to analysts’ expectations of $8.09 billion. Carnival had a return on equity of 27.86% and a net margin of 10.07%.The business’s revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.27 earnings per share. Carnival has set its Q4 2025 guidance at 0.230-0.230 EPS. FY 2025 guidance at 2.140-2.140 EPS. As a group, analysts predict that Carnival Corporation will post 1.77 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Loop Capital reiterated a “hold” rating and set a $22.00 price target on shares of Carnival in a research note on Monday, June 23rd. UBS Group set a $35.00 price target on shares of Carnival and gave the stock a “buy” rating in a research note on Wednesday, October 1st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Carnival in a research note on Wednesday, October 8th. Morgan Stanley upped their price target on Carnival from $30.00 to $32.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 1st. Finally, Argus lowered their price target on Carnival from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Tuesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy” and an average price target of $32.90.

Insider Activity at Carnival

In other news, Director Sir Jonathon Band sold 12,500 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $29.75, for a total transaction of $371,875.00. Following the sale, the director owned 64,406 shares in the company, valued at approximately $1,916,078.50. This represents a 16.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 7.60% of the company’s stock.

About Carnival

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.